PPP Loan information for Alternatives inc of madison county

$170,767

Alternatives inc of madison county was initially approved for PPP Loan of amount $170,767, the current approved amount is $170,767. The loan was approved on 04/11/2020 by The First Merchants Bank reported 23 jobs and $170,767 was used to fund payroll.

Alternatives inc of madison county is Existing or more than 2 years old

PPP Loan Search / IN / ANDERSON / Alternatives inc of madison county

ALTERNATIVES INC OF MADISON COUNTY

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ALTERNATIVES INC OF MADISON COUNTY

Borrower Address

1309 MONTICELLO DR

Borrower City

ANDERSON

Borrower State

IN

Borrower Zip

46011-1229

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170767.00

Current Approval Amount

170767.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDERSON

Project County Name

MADISON

Project State

IN

Project Zip

46011-1229

CD

IN-05

Jobs Reported

23

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

170767.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

171735.46

Forgiveness Date

11/12/2020

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